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Arista Networks Issues Q1 Guidance - Quick Facts

Arista Networks, Inc. (ANET) announced, for the first quarter of 2020, the company expects: revenue between $522 million to $532 million; non-GAAP gross margin of approximately 63%, and non-GAAP operating margin of approximately 34%.

Fourth-quarter non-GAAP net income per share was $2.29 compared to $2.25, a year ago. Non-GAAP gross margin was 65.2%, compared to 64.1%. Revenue was $552.5 million, a decline of 7.2% from last year.

Arista also announced it has acquired Big Switch Networks, a network monitoring and SDN (Software Defined Networking) pioneer.

Shares of Arista Networks, Inc. were down 5% after hours.

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